Comments on: Budget Deficits http://www.thefreemanonline.org/columns/budget-deficits/ Ideas on Liberty Tue, 14 Feb 2012 10:04:48 +0000 hourly 1 http://wordpress.org/?v=3.3 By: Ned Netterville http://www.thefreemanonline.org/columns/budget-deficits/comment-page-1/#comment-41754 Ned Netterville Tue, 05 Apr 2011 13:52:17 +0000 http://www.thefreemanonline.org/uncategorized/budget-deficits/#comment-41754 "In final analysis, we must fault the ideas and morals that guide the people in their political aspirations...Most Americans live under the spell of progressive economic thought which confers respectability on political profligacy...Our growing national debt casts a shadow over our future." For many decades the voice of Hans Sennholz alerted Americans to the dangers of public debt and deficits and fiat money. He is gone, but as the dire consequences he foretold (unremitting high unemployment, inflation, recession) unfold, the causal immorality of Americans persists. Like the dupes who fall for Ponzi schemes and refuse to believe they are not getting rich quick until the gig is up and their money all gone, the the lust to get something for nothing through government continues to grip Americans stoked by the patent lies of politicians and their pandering Keynesian economists. “In final analysis, we must fault the ideas and morals that guide the people in their political aspirations…Most Americans live under the spell of progressive economic thought which confers respectability on political profligacy…Our growing national debt casts a shadow over our future.”

For many decades the voice of Hans Sennholz alerted Americans to the dangers of public debt and deficits and fiat money. He is gone, but as the dire consequences he foretold (unremitting high unemployment, inflation, recession) unfold, the causal immorality of Americans persists. Like the dupes who fall for Ponzi schemes and refuse to believe they are not getting rich quick until the gig is up and their money all gone, the the lust to get something for nothing through government continues to grip Americans stoked by the patent lies of politicians and their pandering Keynesian economists.

]]> By: Raise Debt Limit, Treasury Secretary Pleads | The Freeman | Ideas On Liberty http://www.thefreemanonline.org/columns/budget-deficits/comment-page-1/#comment-41751 Raise Debt Limit, Treasury Secretary Pleads | The Freeman | Ideas On Liberty Tue, 05 Apr 2011 12:39:10 +0000 http://www.thefreemanonline.org/uncategorized/budget-deficits/#comment-41751 [...] Timely Classic “Budget Deficits” by Hans F. [...] [...] Timely Classic “Budget Deficits” by Hans F. [...]

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